Endless Rewards with MiWay
It has become a growing concern that the public has lost confidence when dealing with short-term insurers as they believe that they do not get the value for money which they deserve. MiWay has identified this problem and has as such developed the solution for re-establishing the lost trust of the public in short-term insurers and which will as a consequence uplift the current bad perceptions surrounding the insurance industry in South Africa as a whole.
Striving to put the client first, MiWay has created a reward program to give their clients something back for having the trust in their insurance company to get insurance from them; and by furthermore practicing responsible management of their insurance risks and for not submitting thoughtless of unnecessary claims. This reward program is known as MiRewardand works as an incentive whereby clients receive cash payments in the form of 10% of all their premiums paid back. However, in order to benefit from this cash reward, a claim should not have been made for the period of three consecutive years. At the end of the fifth year of not claiming, further rewards are given by MiWay, with rewards becoming annual hereafter. All in all, the philosophy of MiWay stands on building a partnership between themselves as an insurance company and their clients, which focuses on managing risks and enables a client to decide on whether to claim or not. Clients will also be rewarded by MiWay with additional bonuses to be earned simply by referring new clients.
The Bonus incentive of MiWay is a revolutionary concept within the short-term industry and forms the cornerstone of MiWay as a company operating within the business industry of South Africa. |